Ekkeheart Gurlitt has little good to say about his cousin Cornelius, who hoarded hundreds of works by artists such as Pablo Picasso and Marc Chagall for the past half century. There’s one positive thing, though, that he’ll tell you about the 80-year-old recluse: He saved the art.
The accused ringleader of Romanian thieves who stole seven works by artists including Picasso and Matisse claims they may have been fakes and he fell victim to a set-up aimed at pocketing the insurance money, his lawyer said.
Bernard Madoff’s art, including carpets and works by Andy Warhol and Henri Matisse, will go to auction to raise money for customers of his Ponzi scheme, said the trustee liquidating the Madoff brokerage. The artwork, insured for more than $575,000, formerly decorated Madoff’s offices in Manhattan’s Lipstick Building and the borough of Queens, trustee Irving Picard said in a federal court filing in Manhattan today.
The suspected ringleader of a band of thieves who stole artworks by Picasso, Monet and Matisse from a Dutch museum still has access to five of the pictures and is ready to hand them over in return for a Dutch trial, his Romanian lawyer said.
The accused ringleader of Romanian thieves who stole seven works by artists including Picasso and Matisse won’t reveal where five are stashed after his request to be tried in a Dutch court was denied, his lawyer said.
Henri Matisse ’s life-size bronze of a woman’s back sold for $48.8 million, an auction record for the artist, as Christie’s International ’s New York Impressionist and modern art sale sustained a recovery from last year’s recession.